Saudi Chemical Co (SAU:2230) Accounts Payable & Accrued Expense : ﷼1,939 Mil (As of Mar. 2024)

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What is Saudi Chemical Co Accounts Payable & Accrued Expense?

Saudi Chemical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (﷼1,713 Mil) to Dec. 2023 (﷼1,624 Mil) but then increased from Dec. 2023 (﷼1,624 Mil) to Mar. 2024 (﷼1,939 Mil).

Saudi Chemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (﷼903 Mil) to Dec. 2022 (﷼1,274 Mil) and increased from Dec. 2022 (﷼1,274 Mil) to Dec. 2023 (﷼1,624 Mil).

Saudi Chemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saudi Chemical Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Saudi Chemical Co Accounts Payable & Accrued Expense Chart

Saudi Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,519.49

1,372.57

903.01

1,274.39

1,623.89

Saudi Chemical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,314.40	1,498.71	1,713.32	1,623.89	1,939.18

Saudi Chemical Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Saudi Chemical Co (SAU:2230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Saudi Chemical Co (SAU:2230) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7632 Al-Ihsa Rd, Al-Malaz, P.O. Box 2665, Riyadh, SAU, 11461

Website

https://www.saudichemical.com

Saudi Chemical Co, along with its subsidiaries, is engaged in the manufacturing and distribution of explosives and their derivatives. Its other business operations include providing technical support services in explosions, wholesale and retail trading in medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers, and manufacture of ammonium nitrate. The company operates in three segments: Explosives, Medicines & medical supplies, and Production of Ammonium Nitrate.

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